The Effect of CEOs’ Characteristics on Forward-Looking Information [PDF]
, 2017 Purpose - This paper aims to examine the effect of CEOs’ characteristics on the level of FLI disclosure. Design/methodology/approach - The study uses a disclosure index to measure the level of FLI and employs random-effect and panel data regressions to
ASE +5 more
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Enterprise Risk Management: Review, Critique, and Research Directions [PDF]
, 2015 © 2014 Elsevier Ltd. Many regulators, rating agencies, executives and academics have advocated a new approach to risk management: Enterprise Risk Management (ERM).
Bromiley, P +3 more
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Overconfidence and Excess Entry: An Experimental Approach [PDF]
, 1998 Psychological studies show that most people are overconfident about their own relative abilities, and unreasonably optimistic about their futures (e.g., Neil D. Weinstein, 1980; Shelly E. Taylor and J. D. Brown, 1988).
Camerer, Colin F., Lovallo, Dan
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Behavioral Corporate Finance: A Survey [PDF]
Research in behavioral corporate finance takes two distinct approaches. The first emphasizes that investors are less than fully rational. It views managerial financing and investment decisions as rational responses to securities market mispricing.
Jeffrey Wurgler +2 more
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The effect of the CEO’s characteristics on EM Evidence from Jordan [PDF]
, 2017 Purpose Purpose – The study aims to examine the effect of CEO’s personal characteristics on earnings management (EM) practices. Design/methodology/approach Design/methodology/approach – We use panel data for 201 non-financial companies listed on the
Alqatamin, Rateb +2 more
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Does behavioral biases matter in SMEs' borrowing decisions? Insights from Morocco [PDF]
Banks and Bank SystemsBank financing decisions by small and medium-sized enterprises (SMEs) are crucial to their growth and survival, particularly in emerging economies such as Morocco.
Khalid Ayad +3 more
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The effect of auditor's cooperation with independent financial advisors on the reliability of performance commitment-Based on the moderating effect of managerial overconfidence. [PDF]
PLoS One, 2023 Lin D, Wang Y, Zheng Q, Li H.
europepmc +1 more source
Count on Your Subordinates: Young Managers and Innovation Efficiency [PDF]
, 2019 We investigate the relationship between executives’ horizons and firms’ innovation efficiency. Motivated by Acharya, Myers, and Rajan’s (2011, JF) theory, we devise a measure of internal governance based on the difference in expected horizons between a ...
Gao, Lei +2 more
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Uncertainty triggers overreaction: evidence from corporate takeovers [PDF]
, 2016 Behavioural finance models suggest that under uncertainty, investors overweight their private information and overreact to it. We test this theoretical prediction in an M&A framework.
Black, Emma L. +3 more
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The demographics of fund turnover [PDF]
This article documents various demographic factors which influence mutual fund turnover including managerial experience, location, education, and gender. On average, funds in financial centers trade more but this excess turnover declines with experience.
Christoffersen, Susan E. K. +1 more
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